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Monday, May 12, 2014

Majority of football players end up bankrupt after lavish spending

A new class of millionaire football players just secured NFL contracts with the draft but the vast majority of them will not keep their fortunes secure for very long.

The NFL is taking active steps to try to help curtail the staggering rate by which football players blow through their multi-million dollar contracts.

Contracts awarded to top players- like this year's first round draft pick Jadeveon Clowney who landed a $22million contract with the Houston Texans- lead to spending excesses in a surprisingly high number of cases.

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11 comments:

  1. AnonymousMay 12, 2014 at 4:07 PM

    I'm having a real hard time mustering any sympathy for these idiots. It just proves what everyone already knows-Most of them have the IQ of a housefly and no sense of reeality.

    ReplyDelete
  2. AnonymousMay 12, 2014 at 4:13 PM

    a cultural phenom. Mo Money!

    ReplyDelete
  3. AnonymousMay 12, 2014 at 4:25 PM

    That's because they are stupid.

    ReplyDelete
  4. AnonymousMay 12, 2014 at 4:30 PM

    let me see, they go to college, which means there is a STANDARD to get in right? They take classes? They earn a degree?

    Or do they go just to get drafted in NFL to play. How many of these guys DONT get in NFL and where are they with all the student loans and debt.

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  5. AnonymousMay 12, 2014 at 4:38 PM

    won't happen to Albert Haynesworth.. he only knows how to tip a Waitress 2$..

    ReplyDelete
  6. AnonymousMay 12, 2014 at 5:07 PM

    Because they think their invincible and will last forever when in reality their careers are over by 35

    ReplyDelete
  7. AnonymousMay 12, 2014 at 5:22 PM

    stupid is as stupid does.

    ReplyDelete
  8. AnonymousMay 12, 2014 at 6:07 PM

    35 is a very long career. The average career in the nfl is 3.5 years

    ReplyDelete
  9. AnonymousMay 12, 2014 at 7:26 PM

    Oh, and if you curious how these aspiring citizens are making their way through college google UNC academic scandal.

    ReplyDelete
  10. AnonymousMay 13, 2014 at 9:54 AM

    Ok so the NFL can attempt to tell their players or "employees" how to spend their money - what will this lead to? HMMMM bet the government will jump right on board - and next they will be trying to tell us how to spend our paychecks!

    ReplyDelete
  11. AnonymousMay 14, 2014 at 1:15 AM

    5:22 got it right & they usually get a free ride in college. its all about the bottom line for the team owners. win at any cost.

    ReplyDelete

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